Sep 15 2015
Beaufield Resources Inc. ("Beaufield") is pleased to announce the start of drill program on its 100% owned Urban gold property. The Urban Township has been the focus of detailed gold exploration and mining over a number of years with exploration activity in the township accelerating. Beaufield has held the property since the mid 1980s.
Drilling will focus on Beaufield's Macho River property, where surface exploration identified several areas containing significant mineralization of gold, silver, copper and molybdenum. Over the last 15 years, this portion of the property has received very little exploration, with the most recent drilling having occurred in the 1990s.
Beaufield's property adjoins Oban Mining's Windfall property and displays a similar geological environment. Please refer to Beaufield's website for a detailed map indicating the principal stakeholders for the Urban region.
Earlier this year, geophysical work consisting of a deep penetrating induced polarization (IP) survey was completed on the property and identified several excellent anomalies that may be associated with mineralization.
In the western portion of the property, a significant IP anomaly was identified approximately 400m to the southwest of the West Showing where a grab sample assayed 14.8 g/t Au, 156.0 g/t Ag and 1.6% Cu in 2014 (BFD news release, August 1st, 2014). It is believed that this anomaly may correspond to the extension of the West Showing, where historical drilling indicated a widening of the mineralized zone towards this direction.
In the central portion of the property, 4 holes will test excellent IP anomalies where chalcopyrite has been identified at surface.
On the east side of the property and closer to the Macho River, several important targets will be drilled. 2 Holes will test IP targets interpreted as the extension of the East Showing where a grab sample assayed 20.0 g/t, 54.9 g/t Ag and 2.43% Cu in 2014 (BFD news release, August 1st, 2014). Further south, 2 others holes will test IP targets which may correspond to chalcopyrite and molybdenite mineralization uncovered this past summer.
2 more holes have been planned to test a 500m long and intense IP anomaly where no outcrops are known to exist.
It is anticipated a total of 13 holes for sum of approximately 1,500 metres will be drilled in this program. A second drill program may follow in the winter.
This news release has been prepared by Mathieu Stephens, P.Geo., Chief Geologist for Beaufield, the Qualified Person, as defined by National Instrument 43-101.
Source: http://www.beaufield.com/